I don’t normally post non-trading stuff here. But recent reports , particularly in Australian medias are just so annoying. Full of craps. More ceremony fakes unearthed Stephen Hutcheon | August 15, 2008 – 12:08PM The Olympic opening ceremony featured faked fireworks, a fake singer who lip synced to another girls voice and now it appears […]
Leave Aussie alone…
Oh crap. That’s the term I used the most last week. :lol:. Man, Aussie dollar was breaking down again and again. It broke my 0.93 support, and now trading below 0.90. Holy smoke… 😆 I did not make money from shorting Aussie dollar last week. The excuse I am going to use is…I was darn […]
Bad coffee exits
Starbucks pulled out from Australia by closing 61 of 84 stores. In the case of one American coffee giant, globalisation deserved to fail. Starbucks makes really bad coffee. Starbucks is almost entirely pulling out of Australia closing 61 of its 84 stores. In Melbourne, just five of the 16 stores are tipped to remain. […]
Worries in Aussie?
Is Australia heading to recession? Some said next 3 months are crucial… Think of it like this: we are in a car that has been braking sharply as a result of higher interest rates, higher petrol prices, diminishing household wealth and fear of what might lie ahead. Now the car has slowed sharply, the question […]
EURUSD…Not yet, but soon?
Daily chart of EURO is a beauty. Consolidation, breakout, consolidation, breakout. I love this chart. Well, we are again in the consolidation phase, and at the new high area. I remain positive now, which means I am only looking at the Long side at the moment. It depends on what do you want from the […]
OIL..is it over? Yet?
Let’s have a quick look at USO ( United States oil Fund, ETF) and spot Oil price. I am not sure if people start talking about the bull run is over. Well, not yet. Uhm…I am not convinced, yet. This implies, the recent strength of Dollar might be short lived? There is another theme calling […]
